Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill are as follows:

	Goodwill
	(In Thousands)
Balance at January 1, 2013	$	12,049
Adjustments to goodwill in 2013		-
Balance at December 31, 2013		12,049
Adjustments to goodwill in 2014		-
Balance at December 31, 2014	$	12,049

Summary of the Identifiable Intangible Assets Subject for Amortization

Below is a summary of the Company’s identifiable intangible assets that are subject to amortization:

	December 31, 2014
	Gross Carrying Amount		Impairment Charges		Accumulated Amortization		Net Carrying Amount
	(In Thousands)
Identifiable intangibles:
Non-compete agreements	$	3,860	$	-	$	3,822	$	38
Customer relationships		10,378		-		10,330		48
Asset purchase agreement		1,400		-		1,400		-
Trade name and trademark		600		-		600		-
Capitalized product development costs		1,139		-		745		394
	$	17,377	$	-	$	16,897	$	480

	December 31, 2013
	Gross Carrying Amount		Impairment Charges		Accumulated Amortization		Net Carrying Amount
	(In Thousands)
Identifiable intangibles:
Non-compete agreements	$	3,860	$	-	$	3,634	$	226
Customer relationships		10,378		-		10,239		139
Asset purchase agreement		1,400		-		1,400		-
Trade name and trademark		600		-		586		14
Capitalized product development costs		1,099		-		522		577
	$	17,337	$	-	$	16,381	$	956

Estimated Useful Lives of the Acquired Identifiable Intangible Assets

The intangible assets were identified and valued by the Company. The original estimated useful lives of the acquired identifiable intangible assets are as follows:

Non-compete agreements	4 to 5 years
Customer relationships	4 to 7.5 years
Asset purchase agreement	1.5 years
Trade name and trademark	5 years
Capitalized product development costs	3 years

Estimated Annual Amortization Expense

Estimated annual amortization expense for the next five years ending December 31, which encompasses the remaining useful life of the intangible assets, is as follows:

	Amortization Expense
	(In Thousands)
2015	$	279
2016		190
2017		11
2018		-
2019		-